Endowment fund established for needy groups – Naba Malitinga

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General News of Wednesday, 24 January 2018

Source: Starrfmonline.com

2018-01-24

Party 8The endowment fund will not only cater for students but will help set artisans up

Interacting with the media shortly after the fiesta, Naba Abeka Nonge-Buuri Malitinga outlined some of the plans his royal clan had put in place to support disadvantaged groups within his area.

“We already have some seed money and an account has been opened with the seed money. The gathering, apart from the fact that it was to foster unity among the royal families of Bolga and the Tindamas, was also an avenue for us to raise an additional fund and add it into the fund that we had already set up, which is the Bolgatanga Royal Endowment Fund.

“This endowment fund is going to cater for educational needs and job creation for the youths. Basically, at the gathering we had three core issues— foster unity, look towards the development of the Bolgatanga Traditional Area and to also contribute to help fund this Bolgatanga Royal Endowment Fund that we have created so that it can assist us cater for the cost of our education, especially students who have been able to pass their examinations but do not have the requisite funding to go further,” said Naba Abeka Nonge-Buuri Malitinga.

The endowment fund, according to him, also would cover artisans and farmers in need of financial aid to start up and expand their ventures.

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